Bulletin
Investor Alert
Market Sentiment (Stocks on NYSE, NASDAQ, AMEX)
Unchanged
377
Decliners
2110
Advancers
5979

Oct. 4, 2011, 12:07 p.m. EDT

Value and short ideas after yesterday's big fall

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    First Solar Inc. (FSLR)
  • X
    SMA Solar Technology AG (SMTGF)

or Cancel Already have a watchlist? Log In

The trading deck is powered by

By Mick Weinstein

Following the S&P 500's crash through its 1,100 support line yesterday, some value-oriented long ideas and smart short cases seem appropriate.

LONG

While big solar names such as Solyndra and Evergreen outright collapsed this year, and others like First Solar /zigman2/quotes/209356097/composite FSLR +0.68% have swooned, alt energy investor Tom Konrad went behind the hyped panel to discover two solar power inverter companies he's now long as value plays : SMA Solar Technology /zigman2/quotes/207281634/composite SMTGF +6.19%   and Power-One .

On the iShares blog, Russ Koesterich sees energy companies as a bargain in the wreckage .

Roger Nusbaum - whose longstanding blog is a must-read on the process of portfolio management - sold out of Caterpillar /zigman2/quotes/203434128/composite CAT +3.82% earlier this year due to recession concerns, but believes the stock "will go to $130 at some point even if it gets there by way of $60." Roger contrasts CAT to Nike /zigman2/quotes/203439053/composite NKE +4.55% , which he still owns.

As gold and silver speculators head for the exits, the smart money remains, according to Jordan Roy-Byrne .

Frank Voisin sees MIND CTI /zigman2/quotes/203647513/composite MNDO +7.05% as "between 25% and 40% undervalued."

SHORT

Why Sirius XM /zigman2/quotes/201205073/composite SIRI +1.48% could easily drop from the current $1.45 to under a buck .

Greg Harmon notes that even the strongest financial sector stocks - like CME Group /zigman2/quotes/210449693/composite CME +0.74% , Intercontinental Exchange /zigman2/quotes/209108507/composite ICE +1.27% and Visa /zigman2/quotes/203660239/composite V +4.51% - have broken down .

The disaster scenario for chip stocks like Broadcom , SanDisk , Micron /zigman2/quotes/205710729/composite MU +3.95% and Texas Instruments /zigman2/quotes/202237907/composite TXN +3.18% .

Dan Plettner shorted closed end fund Liberty All-Star Growth /zigman2/quotes/203240833/composite ASG +5.45% for these reasons .

Goldman cut its metals forecast - bad news for copper names like Freeport-McMoran /zigman2/quotes/200215692/composite FCX +4.80% and Rio Tinto /zigman2/quotes/202627887/composite RIO +3.14% ?

The opinions offered herein are not personalized recommendations to buy, sell or hold securities.

/zigman2/quotes/209356097/composite
US : U.S.: Nasdaq
$ 70.07
+0.47 +0.68%
Volume: 1.27M
June 24, 2022 4:00p
P/E Ratio
34.76
Dividend Yield
N/A
Market Cap
$7.47 billion
Rev. per Employee
$609,037
loading...
/zigman2/quotes/207281634/composite
US : U.S.: OTC
$ 43.75
+2.55 +6.19%
Volume: 0.00
June 15, 2022 3:27p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.47 billion
Rev. per Employee
$311,210
loading...
/zigman2/quotes/203434128/composite
US : U.S.: NYSE
$ 185.49
+6.82 +3.82%
Volume: 4.87M
June 24, 2022 4:00p
P/E Ratio
15.55
Dividend Yield
2.59%
Market Cap
$98.94 billion
Rev. per Employee
$489,071
loading...
/zigman2/quotes/203439053/composite
US : U.S.: NYSE
$ 112.91
+4.91 +4.55%
Volume: 10.46M
June 24, 2022 4:00p
P/E Ratio
29.83
Dividend Yield
1.08%
Market Cap
$177.69 billion
Rev. per Employee
$606,999
loading...
/zigman2/quotes/203647513/composite
US : U.S.: Nasdaq
$ 2.43
+0.16 +7.05%
Volume: 23,942
June 24, 2022 4:00p
P/E Ratio
8.25
Dividend Yield
10.70%
Market Cap
$48.85 million
Rev. per Employee
$161,875
loading...
/zigman2/quotes/201205073/composite
US : U.S.: Nasdaq
$ 6.19
+0.09 +1.48%
Volume: 28.75M
June 24, 2022 4:00p
P/E Ratio
17.96
Dividend Yield
1.42%
Market Cap
$24.36 billion
Rev. per Employee
$1.56M
loading...
/zigman2/quotes/210449693/composite
US : U.S.: Nasdaq
$ 210.00
+1.54 +0.74%
Volume: 1.56M
June 24, 2022 4:00p
P/E Ratio
27.40
Dividend Yield
1.90%
Market Cap
$75.48 billion
Rev. per Employee
$1.35M
loading...
/zigman2/quotes/209108507/composite
US : U.S.: NYSE
$ 97.91
+1.23 +1.27%
Volume: 3.06M
June 24, 2022 4:00p
P/E Ratio
13.60
Dividend Yield
1.55%
Market Cap
$54.66 billion
Rev. per Employee
$1.15M
loading...
/zigman2/quotes/203660239/composite
US : U.S.: NYSE
$ 205.51
+8.87 +4.51%
Volume: 7.75M
June 24, 2022 4:00p
P/E Ratio
33.04
Dividend Yield
0.73%
Market Cap
$428.11 billion
Rev. per Employee
$1.25M
loading...
/zigman2/quotes/205710729/composite
US : U.S.: Nasdaq
$ 58.44
+2.22 +3.95%
Volume: 15.65M
June 24, 2022 4:00p
P/E Ratio
7.35
Dividend Yield
0.68%
Market Cap
$65.26 billion
Rev. per Employee
$644,302
loading...
/zigman2/quotes/202237907/composite
US : U.S.: Nasdaq
$ 155.95
+4.81 +3.18%
Volume: 6.43M
June 24, 2022 4:00p
P/E Ratio
17.83
Dividend Yield
2.95%
Market Cap
$143.81 billion
Rev. per Employee
$591,742
loading...
/zigman2/quotes/203240833/composite
US : U.S.: NYSE
$ 5.80
+0.30 +5.45%
Volume: 265,240
June 24, 2022 4:10p
loading...
/zigman2/quotes/200215692/composite
US : U.S.: NYSE
$ 30.99
+1.42 +4.80%
Volume: 35.35M
June 24, 2022 4:03p
P/E Ratio
8.98
Dividend Yield
1.94%
Market Cap
$44.91 billion
Rev. per Employee
$905,142
loading...
/zigman2/quotes/202627887/composite
US : U.S.: NYSE
$ 62.72
+1.91 +3.14%
Volume: 3.21M
June 24, 2022 4:00p
P/E Ratio
4.82
Dividend Yield
12.63%
Market Cap
$102.51 billion
Rev. per Employee
$1.29M
loading...

Page 1
This Story has 0 Comments
Be the first to comment
More News In
Trading Deck

Story Conversation

Commenting FAQs »

Like & Follow The Trading Deck

/conga/commentary/columnist-competition/looking.html 234011

Partner Center

Link to MarketWatch's Slice.